Word: newark
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Dates: during 1950-1959
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...outdid even Texas in its welcome. In the elevenmile drive from Hackensack to Paterson (a strongly unionized area), some 150,000 people turned out. Stopping in town after town, Eisenhower attacked Washington corruption, the Brannan Plan, and (somewhat surprisingly) the withholding tax-which, he said, fooled the people. At Newark he hit back hard at Harry Truman. Main points...
...first time that Barium's Chairman Joseph A. Sisto has been in legal hot water. Born in Newark, Sisto went to work in Wall Street at 25, opened his own brokerage house in 1923. In the Depression he went bankrupt, and was suspended by the New York Stock Exchange until he satisfied his creditors by paying 50? on the dollar. In 1933 he founded Barium Steel. In 1938, his investment firm was booted out for good, after investigation showed that he had violated Exchange rules by juggling his books. Joe Sisto then concentrated on the steel business with...
...manufacture of bootleg whisky, once pretty well confined to eleven Southern "moonshine" states, is no longer an amateur, hillbilly operation. Racketeers in big cities have made it big business. Big stills have been found in Brooklyn, Baltimore, Philadelphia, Newark and New York. Thomas J. Donovan, vice president of Licensed Beverage Industries, Inc., said at an industry gathering last week that racketeers now build stills that cost from $50,000 to $75,000, peddle their output through Manhattan parking lots, neighborhood candy stores and tenement speakeasies. "Obviously," concluded Donovan, "they aren't doing it simply on speculation. They know they...
Robert E. Lee, reporter, United Press Associations in Washington. A native of Newark, N. J., graduate of Amherst College. He plans to study history and politics...
...project was so attractive that two of the largest U.S. investment bankers, Manhattan's Dillon, Read & Co. and Glore, Forgan, have agreed to help raise 70% of the cost from big insurance lenders, the rest in equity capital. Ryan, who is planning to deliver gasoline from Beaumont to Newark for a cost of 29? per barrel v. an average of 38? by tanker, expects no trouble in lining up customers from the 50-odd U.S. oil companies with refineries in the Beaumont-Shreveport, La. area...